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The Corliss steam engine featured at the 1876 American Centennial, a showcare of American System progress.

Welcome to AmericanSystemNow!

NOTE TO SUBSCRIBERS: IF YOU USE GMAIL, OUR MAILINGS MAY BE DIVERTED TO PROMOTIONS. YOU CAN ENSURE AGAINST IT BY ADDING AMERICANSYSTEMNOW@GMAIL.COM TO YOUR ADDRESS BOOK. By Nancy Spannaus, editor March 10, 2020–When I first read Alexander Hamilton’s Report on Manufactures some 40 years ago, it transformed my understanding of […]

by March 10, 2020 About
Albert Einstein playing his violin.

Creativity Is the True Source of Economic Wealth

A Book Review by Lawrence Freeman (The following book review is published with permission from Freeman’s blog Africa and the World where it appeared on June 26.  Patrick Kabanda, a native of Uganda, is an accomplished organist who also serves as what he describes as a “well-tempered non-economist,” consulting internationally on […]

by June 28, 2020 Review
Depiction of Jackson inauguration (Wikipedia Commons)

The Pathway to “A More Perfect Union”

The Growth and Collapse of One American Nation, The Early Republic 1790-1861 By Donald J. Fraser Fraser & Associates, Roseville, California, 2020, 605 pp.   A Book Review by Nancy Spannaus June 21, 2020—In examining the question of what defines an American identity, author Donald Fraser has chosen one of […]

by June 21, 2020 History, Review
FDR and the American System

FDR and the American System

By Nancy Spannaus June 16, 2020—Over 100 days in 1933, newly inaugurated Franklin Delano Roosevelt took a giant step toward the revival of the American System of Economics. The core of that system, as reflected in the Preamble to the U.S. Constitution, is the Federal government’s responsibility for energetically promoting […]

by June 16, 2020 Commentary
The new Tappan Zee Bridge across the Hudson River.

Finally, a Hamiltonian Infrastructure Bank Bill

By Nancy Spannaus June 14, 2020—On March 31, Representative Danny Davis (D-Ill) introduced a new bill calling for the creation of a National Infrastructure Bank. H.R. 6422 is cosponsored by Rep. Seth Moulton (D-Mass); it has been referred to a several Congressional Committees for deliberation. The bill’s magnitude and import […]

by June 14, 2020 Infrastructure Bank, News
Bobby Kennedy on his poverty tour in 1968

“A Time of Sorrow and Shame”

By Nancy Spannaus June 4, 2020—Tomorrow will be the anniversary of the June 5, 1968 assassination of Robert F. Kennedy, the third in a series of murders which decapitated the most promising political leadership of the United States. One by one, they fell: President John F. Kennedy, Martin Luther King, […]

by June 4, 2020 Commentary, History
Martin Luther King and Robert Kennedy

George Floyd’s Murder Was the Trigger:

Lessons Still to Be Learned By Angela Vullo May 31, 2020–Those of us who never bought into the last 50-year economic shift into de-industrialization and financial speculation should not be shocked at the social unrest which has been unleashed in our country. The murder of George Floyd, a Minneapolis black […]

by June 1, 2020 Commentary, News
A comparison of the size of SMRs with a traditional nuclear power plant. (Idaho labs)

Rosy Prospects for Nuclear Power?

(May 28, 2020–Progress on reviving the nuclear power industry in the United States is a vital step on the way to actually creating a productive economy that can eliminate poverty and bring prosperity to both our country and the world. It is with that in mind that I wrote the […]

by May 28, 2020 News, Nuclear Power
A modern metals plant.

Industrial Buildup, Not War on China

A Report on the May 21 Webinar sponsored by the Alliance for American Manufacturing By Nancy Spannaus May 23, 2020—The Alliance for American Manufacturing (AAMFG), a group sponsored by the United Steelworkers of America (USWA) and several steel manufacturers, did a public service by putting on a webinar devoted to […]

by May 23, 2020 Manufacturing, News
CWA workers take a break to pose for a picture.

Lessons from FDR: The Hopkins Example

By Nancy Spannaus May 20, 2020—Almost two months ago, the U.S. Congress passed the CARES Act, which committed to spending half a trillion dollars for relief of states and municipalities. Yesterday, the two Administration officials responsible for allocating that money told the Senate Banking Committee that they were still planning […]

by May 20, 2020 History, News
Ravages of the 1793 Yellow Fever epidemic in Philadelpia.

Jefferson and the Public Benefits of Epidemics

By Geoff Smock (The following excellent article, published by the Journal of the American Revolution on May 14, should shock most Americans. Here we have the storied champion of individual liberty, Thomas Jefferson, callously expressing his approval of mass death, because he believes it serves the “greater good” of reducing […]

by May 14, 2020 Commentary, History